Malaysian telecom company, Axiata
Group Berhad, the parent company of Cambodia’s Smart Axiata, is not ruling out
the possibility of selling a minor part of its controlling stake in Smart. Company
debt as of June was over $5 billion, in the works for over a year to sell some
of its stakes in its Indonesian, Sri Lankan and Cambodian holdings might raise
as much as $700 million.
Source:
http://www.khmertimeskh.com/news/30746/axiata-to-maintain-controlling-stakes-in-cambodia/
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